Friday, 31 March 2017

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March-31-2017: Petrol prices reduced by Rs 3.77/litre, diesel reduced by Rs 2.91/litre.

March-31-2017: Petrol prices reduced by Rs 3.77/litre, diesel reduced by Rs 2.91/litre. The new prices which includes international crude oil prices,INR-USD exchange rate and state levies, will come into effective midnight of March 31,2017 and April 1,2017.

Petrol in Delhi will cost Rs 66.29 per litre from mid-night of 31st/1st of April 2017. Similarly, a litre of diesel will cost Rs 55.61.

After this revision, a litre of petrol will cost Rs 66.29/litre in Delhi; Rs 68.97 in Kolkata; Rs 72.66 in Mumbai, and Rs 69.28 in Chennai, said Indian Oil Corporation. 

The price of diesel per litre will be Rs 55.61 in Delhi, Rs 57.86 in Kolkata, Rs 61.27 in Mumbai and Rs.58.82 in Chennai.

"The movement of prices in international oil market and rupee-dollar exchange rate shall continue to be closely monitored and developing trends of the market will be reflected in future price changes," said Indian Oil Corporation in a statement.

Similar fuel price revision seen in other State-owned fuel retailers Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Shell India. you can check revised petrol and diesel price from other fuel retailer here: 
Check Today's Petrol Price in Delhi| Mumbai| Kolkata| Chennai 
Check Today's Diesel Price in Delhi| Mumbai| Kolkata| Chennai

The average price of petrol around the country is Rs 69.30 per liter, and The average price of diesel around the country is Rs 58.39 per liter. However, there is substantial difference in these prices among state, cities and fuel retailers. The differences in prices across India are due to the various local taxes on petrol and diesel. 

Increase in Retail Selling Price of Petrol and diesel (including State levies) with corresponding price revision in other States also available on this site.

Diesel and petrol Prices may vary across Retail outlets in the same city. These prices are for indicative purposes only and may not reflect most recent price changes. 

State oil companies revise fuel prices every fortnight to align them with international ones and adjust for exchange rate. Current price revisions may also have impact on stock price of IOC,HPCL and BPCl.



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